Originally posted by whipcheck
Capital? I'm setting aside enough to start several hundred of lpg tanks and could go for more stretch if I want. But that changes also depending on opportunites that cross my way. I'm planning to invest/gamble on that OFW-Bank (see Filipinos Everywhere). But like you guy's said "start small" and see how it goes.
Why did you say that competition is fierce? Are you referring on the competion between the big-3, refillers? At the dealer and resellers level, it does not seem to exist. Well ***** di ko pa kita. But where I'm standing, nobody seems to be doing anything but wait for the end-users go to their shop and buy a refilled tank. Parang, ayan ang lpg brand that I am selling, buy it if you want, if you don't like it, go somewhere else. Like mentioned earlier, end-users are left on their own to decide what brand to use which is usually decided at a snap by whatever is in the nearest canto.
Thanks for confirming part of my thoughts. I live in a residential area near downtown but planning to get a small shop if I push through with the lpg business.
Any questions that may draw useful information from the re-filler when I meet with them?